The Sensex slipped 106.16 points to 20,616.81 and the Nifty lost 38.75 points to 6,114. The rupee weakened marginally in early trade. It opened lower by 18 paise at 62.38 per dollar as against Tuesday's closing of 62.20 a dollar. The US markets sunk to session lows on Wednesday after Federal Reserve officials weighed whether it might be time to drop the notion that a 6.5 percent unemployment rate would be enough to consider raising rates. Higher interest rates would bolster the dollar and pressure demand for precious metals. On BSE, Midcap and small cap are trading higher by 0.02% each. On sectoral front, Consumer durable is the top performer to gain 0.60% while on downside, Bankex is the worst performing sector, down by 1.20%.
Further the market breath stands neutral with one stock was see advancing against each declining stock.
Further the market breath stands neutral with one stock was see advancing against each declining stock.
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